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Send money from Liberia to Nigeria
"Western Union agents help you send money from a wide variety of countries. Find a local branch near you to deposit cash and send your funds abroad."
"With MoneyGram you can send money globally. Find a local MoneyGram branch near you to deposit and send cash abroad."
Alternative for Liberia to Nigeria
While you can’t send LRD to NGN with Wise, you can transfer USD to USD.
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
In our experience, there are always efficiencies to be made in how businesses manage international payments in and out.
Why not take our free FX health check test to see how effective your business is in managing these. It only takes a couple of minutes.
The best way to send LRD to Nigeria is through a cash transfer with Western Union.
Western Union offers broad coverage across Liberia and Nigeria, making it a reliable option.
Transfer fees vary depending on the branch and the amount you send, but you can generally expect to pay around 3 LRD per 45,800 LRD transferred.
Before sending, check which deposit options are available in your area. In many cases, you can fund your transfer online in LRD, while the recipient collects NGN in cash at a local branch.
If you’re looking for alternatives, MoneyGram also offers competitive cash pickup services.
How to to send from Liberia to Nigeria in the best way
Always compare rates
Money transfers to Nigeria should be easy. Use our live comparison tool to make sure you aren't missing the best rates to send money from Liberia to Nigeria.
Choose a provider
Select the provider that offers you the best value on your Liberian Dollar & service for your needs.
Click, sign up & send
Follow the steps & start your transfer. Your funds will soon be on their way to Nigeria.
Summary of recent searches
Understanding Liberia to Nigeria money transfers
Comparing providers
Comparing providers when sending money from Liberia to Nigeria is the easiest way to make a transfer at the best price.
We’ve compared 2 providers for sending Liberian Dollar to Nigeria. This ensures you will get the best options for your transfer to Nigeria from Liberia.
We rate Western Union Agent as the best overall, but comparing gives you a comprehensive view of all the options for transferring money from Liberia to Nigeria.
Get ahead of the Liberian Dollar-Naira exchange rate
Choosing the right payment method
Financial regulators in Liberia and Nigeria
Consider transfer limits
Receiving money in Nigeria
Have your ID ready
Tax declarations
The cheapest way to send money to Nigeria from Liberia is to send cash via Western Union Agent.
Generally speaking, sending cash is more expensive than using the online transfer, however, after looking at 100+ money transfer companies, there aren’t many options servicing LRD/NGN.
The main cost is made up of the fee (around 3 LRD) and the exchange rate markup added on top.
However, this heavily depends on which branch you use, and how much LRD you are sending.
Fastest money transfers from Liberia to Nigeria: cash transfer via MoneyGram Agent
The quickest way to send money from Liberia to Nigeria is through a cash transfer with a MoneyGram Agent.
In most cases, cash transfers are processed instantly, allowing your recipient to collect NGN within minutes.
In some cases, transfer times can vary depending on the amount sent and the branch you use, with larger transfers occasionally taking up to 24 hours to process.
Given the limited number of providers supporting LRD to NGN transfers, MoneyGram remains the fastest and most reliable option for cash pickups in Nigeria.
Sending large amounts of money
Of the 2 companies compared, Western Union Agent has the strongest option for large transfers from Liberia to Nigeria.
Whatever the reason, sending bigger sums of money can be costly if you get a bad exchange rate from Liberian Dollar to Naira.
The Western Union Agent rate makes them great for large transfers between Nigeria and Liberia.
Understanding the cost of transferring money to Nigeria from Liberia
Fees and exchange rates make up the total cost of sending money from Nigeria to Nigeria. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current LRD-NGN mid-market rate is 7.982 NGN per Liberian Dollar. You will get more Naira for your Liberian Dollars if you find a provider close to this number.
For context, over the last 7 days the LRD-NGN mid-market rate has had a high of 7.97, a low of 7.8517 and averaged 7.9272 NGN per Liberian Dollar.
Across the 2 companies compared, the best exchange rate is with Western Union Agent.
Unless fees are unusually high, the exchange rate you receive on converting LRD to NGN will be the biggest determining factor when working out the cost of transferring Liberian Dollars to Nigeria.
Fees: Transfer fees are charged as part of the transfer. Western Union Agent charges the lowest fee of 3 LRD at the moment. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Naira eventually received in Nigeria. You can assume that a lower cost of sending from Liberia will result in more money received in Nigeria.
Track the exchange rate for Liberian Dollar to Naira
Sending money at the right time between LRD and NGN can make a huge difference to overall cost. The exchange rate impacts how much NGN you get for your LRD.
Over the last 7 days, the average numbers are:
The exchange rate from LRD to NGN averaged 7.9272 NGN.
The highest value recorded was 7.97 NGN, while the lowest was 7.8517 NGN.
2 providers currently offer transfers between Liberia and Nigeria close to this rate
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Payment methods available to fund your Liberia to Nigeria transfer
Bank transfers
Bank transfers are often the better option for money transfers from Liberia to Nigeria.
Sending money via a bank transfer with a company such as Western Union Agent for transfers from Liberia to Nigeria allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Western Union Agent is the best provider for bank transfers of the 2 we tested when sending LRD to Nigeria.
With a fee of LRD3 to send money from Liberia to Nigeria, Western Union Agent offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Liberia to Nigeria with a prepaid or a debit card is very simple with Western Union Agent.
Western Union Agent is a leader in card payments for transfers from Liberia to Nigeria, competing among a total of 2 active money transfer companies on this route.
Credit cards
When it comes to international credit card transfers from Liberia to Nigeria, we recommend comparing your options to get the best deal.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Nigeria and Liberia.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Liberia to Nigeria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send LRD to NGN.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy and review methodology.
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